INSUBCONTINENT EXCLUSIVE:
remains above $110,530.Charts for BNB, XLM, LTC and ETC are looking positive.Bitcoin (BTC) remains in a consolidation phase as bears thwart
According to Fidelity Director of Global Macro Jurrien Timmer, BTC remains right in the middle of its adoption curve compared to internet
adoption from past decades
have boosted sentiment in the cryptocurrency sector
That pushed the total cryptocurrency market capitalization to just under $4 trillion on Friday, according to CoinMarketCap
Since then, the market cap has cooled off to $3.85 trillion.Crypto market data daily view
Source: Coin360Ether (ETH) is leading the altcoins charge higher, signaling the start of an altseason
Although sharp rallies are common during bull markets, traders should be ready for frequent pullbacks during the up move
to book profits as they anticipate the uptrend to continue.BTC/USDT daily chart
Source: Cointelegraph/TradingViewThe upsloping 20-day exponential moving average (EMA) ($113,984) and the relative strength index (RSI) in
the positive territory indicate an advantage to buyers
If the bulls thrust the price above $123,218, the BTC/USDT pair could resume its uptrend
The pair could surge to $135,729 and thereafter to the pattern target of $150,000.Time is running out for the bears
They will have to swiftly tug the price below the $110,530 support to get back into the game
That may tempt short-term traders to book profits, pulling the price to $100,000.BTC/USDT 4-hour chart
Source: Cointelegraph/TradingViewThe price has slipped below the 50-day simple moving average (SMA), indicating that the bulls are losing
The pair could drop to $115,000, which is an essential level for the bulls to defend
If they fail to do that, the pair may challenge the zone between the neckline of the inverse head-and-shoulders pattern and the $110,530
support.If the price turns up from the support zone, the bulls will again attempt to kick the pair above $123,218
If they manage to do that, the pair could rally to $130,000 and then to $135,729.BNB price predictionBNB (BNB) picked up momentum after
breaking and closing above the $698 resistance on Wednesday.BNB/USDT daily chart
Source: Cointelegraph/TradingViewThe BNB/USDT pair pierced the $732 resistance and reached the $761 level on Friday, where the bears are
If buyers do not allow the price to dip below $732, it suggests a positive sentiment
That enhances the prospects of a break above $761
The pair could then soar to $794.Contrarily, if the price continues lower and breaks below $732, it signals the possibility of a range
The pair could swing between $698 and $761 for some time.BNB/USDT 4-hour chart
Source: Cointelegraph/TradingViewBoth moving averages are sloping up, and the RSI is in the overbought zone on the 4-hour chart, indicating
that bulls are in control
The pair turned down from $765, but a positive sign is that the bulls have not allowed the price to plummet below $732
Buyers will make one more attempt to catapult the pair to $794.The first sign of weakness will be a close below the $732 level, and the
selling could pick up if the pair tumbles below the 20-EMA.Stellar price predictionStellar (XLM) rallied sharply in the past few days and
has reached the overhead resistance at $0.51.XLM/USDT daily chart
Source: Cointelegraph/TradingViewThe rally has pushed the RSI into the overbought territory, signaling a possible consolidation or
correction in the near term
If buyers do not allow the price to dip below $0.43, the XLM/USDT pair could break out above $0.51
If that happens, the pair may start the next leg of the uptrend to $0.64 and later to the target objective of $0.80.This positive view will
be invalidated in the near term if the price turns down and closes below $0.43
The pair may then slide to the 20-day EMA ($0.36).XLM/USDT 4-hour chart
Source: Cointelegraph/TradingViewThe RSI on the fpour-hour chart is showing early signs of forming a bearish divergence, suggesting
If the 20-day EMA gives way, the pair could drop to the 50-day SMA
This is a significant level to keep an eye on because a break below the 50-day SMA may sink the pair to the 50% Fibonacci retracement level
of $0.37.Alternatively, a solid bounce off the 20-day EMA signals buying on dips
That improves the possibility of a break above the $0.51 resistance
predictionLitecoin (LTC) broke above the $107 resistance on Friday, but the bulls could not sustain the higher levels as seen from the long
wick on the candlestick.LTC/USDT daily chart
Source: Cointelegraph/TradingViewThe bulls are unlikely to give up easily
They will again try to drive and sustain the price above $107
If they can pull it off, the LTC/USDT pair could surge to $130 and then to $140.Sellers are likely to have other plans
They will try to retain the price below $107
If they manage to do that, the pair could slump to the 20-day EMA ($93)
Source: Cointelegraph/TradingViewThe bears have pulled the price below the $107 level, indicating solid selling at higher levels
The pair may dip to the 20-day EMA, which is a vital support to watch out for
If the price rebounds off the 20-EMA with strength, the bulls will try to propel the pair above $112
If they do that, the pair could rally to $120 and later to $130.Conversely, a break below the 20-day EMA indicates profit-booking by
That could sink the pair to the 50-day SMA.Ethereum Classic price predictionEthereum Classic (ETC) skyrocketed above the $21.70 resistance
on Friday, indicating that bulls are on a comeback.ETC/USDT daily chart
Source: Cointelegraph/TradingViewThe sharp rally has pushed the RSI into the overbought territory, suggesting a minor consolidation or
correction in the near term
The ETC/USDT pair may retest the breakout level of $21.70
If the price rebounds off the $21.70 level with strength, it indicates that buyers have flipped the level into support
That increases the likelihood of a rally to $27.On the contrary, a drop below $21.70 suggests the markets have rejected the breakout
The pair may then plummet to the 20-day EMA ($18.50).ETC/USDT 4-hour chart
Source: Cointelegraph/TradingViewThe rally is facing profit-booking at $24.99, which has pulled the price to the 38.2% Fibonacci retracement
If the price rebounds off the current level, the bulls will attempt to resume the uptrend
If they succeed, the pair may climb to $27.On the other hand, a break and close below $22.92 could sink the pair to the critical support at
Buyers will have to fiercely defend the $21.70 level to keep the bullish momentum intact
If they fail in their endeavor, the pair may plunge to $19.56, completing a 100% retracement of the most recent leg of the rally.This
article does not contain investment advice or recommendations
Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
